Will have to study government affidavit first: Radha Timblo

Goan mining magnate Radha S. Timblo, who is among the three individuals accused by the Centre of stashing black money in Swiss banks, said that she needs to study the government’s affidavit to the apex court before commenting.

“I will have to study the affidavit first,” she said when asked for her comment, and added that she will give her reaction to the Supreme Court.

Timblo, runs Timblo Pvt. Ltd from Goa, one of the many mining companies accused of carrying out illegal mining by the Justice M. B. Shah commission, which exposed a Rs. 35,000 crore illegal mining scam in the state.

Timblo, along with Dabur’s Pradip Burman and Rajkot-based builder Pankaj Lodhia has been named by the central government in its affidavit for having black money stashed abroad.